Press Release

Morningstar DBRS Publishes Final Mining/Forest Products and Regulated Utility/Independent Power Producer Methodologies

Natural Resources, Utilities & Independent Power
January 30, 2024

Morningstar DBRS finalized two methodologies: “Global Methodology for Rating Companies in the Mining and Forest Products Industries” and “Global Methodology for Rating Companies in the Regulated Utility and Independent Power Producer Industries” (the Methodologies).

The Methodologies present the criteria for which mining/forest products and regulated utility/independent power producer company credit ratings are assigned and/or monitored.

The Methodologies supersede prior versions published on March 28, 2023 (Forest Products), May 9, 2023 (Independent Power Producers), August 16, 2023 (Mining), and September 27, 2023 (Regulated Utilities), and are effective as of January 30, 2024.

Per press releases dated November 30, 2023, Morningstar DBRS requested comments on the Methodologies. The comment period ended on January 8, 2024, and no comments were received.

Morningstar DBRS deems the updates not to be material and has determined that no credit ratings are expected to change as a result of these updates.

All comments received during the request for comment period have been published to the Morningstar DBRS website, except in cases where confidentiality is requested by the respondent.

Notes:
Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on these methodologies or on these industries, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com